Modular Medical, Inc.·4

Jul 2, 4:30 PM ET

DeSisto Duane M 4

Research Summary

AI-generated summary

Updated

Modular Medical Director Duane DeSisto Receives 83-Share Award

What Happened

  • Duane M. DeSisto, a director of Modular Medical, Inc. (MODD), was issued an award of 83 shares on June 30, 2026. The Form 4 reports this as an award/grant (transaction code A); no per-share price or total dollar value is listed (N/A).

Key Details

  • Transaction date: 2026-06-30; Form 4 filed: 2026-07-02 (timely filing within the SEC two-business-day window).
  • Transaction type/code: Award/Grant (A).
  • Shares issued: 83 shares (amount reflects a 1-for-30 reverse stock split effective March 31, 2026).
  • Price/Value: Not reported on the Form 4 (marked N/A).
  • Footnotes: F1 — shares issued under the Issuer's Outside Director Compensation Plan; F2 — share count adjusted for reverse split.
  • Shares owned after transaction: Not disclosed in the summary information provided.

Context

  • This was a compensation award to an outside director, not an open-market purchase or sale; such grants are routine director compensation and do not by themselves indicate insider sentiment about the company's stock. The reverse split note explains the relatively small share count.